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Semiconductor companies led gains on Wall Street as investors looked ahead to quarterly earnings from major technology firms. Technology stocks rebounded strongly on Wall Street as semiconductor companies recovered from recent losses, supported by renewed optimism surrounding artificial intelligence and the start of the corporate earnings season. The Nasdaq Composite and the S&P 500 Information Technology Index posted solid gains, with chipmakers leading the market higher. Br

The agreement secures Broadcom's role in developing custom semiconductor technologies for Apple devices through 2031. Broadcom has strengthened its position in the global semiconductor industry after extending its long-term partnership with Apple through 2031, ensuring continued collaboration on custom chip technologies powering future consumer devices. The agreement covers the development and supply of specialised semiconductor components used across Apple's expanding hardwa

Analysts warn that soaring investments in artificial intelligence infrastructure may become difficult to justify if revenue growth slows. The global race to dominate artificial intelligence is driving unprecedented levels of corporate investment, but financial analysts are increasingly questioning whether every major technology company can achieve the returns investors expect. Companies including Alphabet, Amazon, Meta, Microsoft and Oracle are collectively expected to invest

The company says the processor will enable advanced AI applications to run directly on laptops and desktops without relying entirely on cloud computing. Nvidia is expanding its artificial intelligence strategy beyond data centres with the launch of its new RTX Sparkprocessor, a chip designed to bring advanced AI capabilities directly to personal computers. Unveiled during the Computex technology exhibition, the processor enables laptops and compact desktop computers to run AI

The technology giant says the restructuring will help align resources with its long-term artificial intelligence ambitions while streamlining operations. Microsoft has announced plans to eliminate approximately 4,800 jobs, representing around 2.1% of its global workforce, as the company accelerates investment in artificial intelligence while restructuring key business divisions. The layoffs affect parts of Microsoft's commercial sales operations and Xbox division. Company exe

Luxury brands report resilient demand despite economic uncertainty, supported by affluent consumers and international tourism. Leading luxury brands continue to report resilient sales, driven by strong consumer spending in the Middle East and Asia despite broader global economic uncertainty. Industry analysts say premium fashion, jewellery and luxury hospitality remain among the strongest-performing segments of the consumer market. Retailers are also expanding flagship stores

Container shipping markets show signs of stabilisation as supply chain disruptions ease and global trade volumes improve. Global container shipping markets are showing signs of stabilisation after months of volatility caused by geopolitical tensions and supply chain disruptions. Shipping analysts say freight rates on several major trade routes have begun to level out as port congestion eases and shipping capacity improves. Logistics companies remain cautious, however, warning

The aviation industry reports continued recovery in international travel, supported by strong passenger demand during the summer season. The International Air Transport Association (IATA) says global passenger traffic continues to expand as international travel demand remains strong across major aviation markets. According to the latest industry data, airlines are experiencing higher passenger loads on both domestic and international routes, with Asia-Pacific carriers leading

The banking giant plans to strengthen its private banking and wealth management operations, betting on continued growth in Asia's affluent markets. HSBC has announced plans to accelerate the expansion of its wealth management business across Asia as rising household wealth and increasing demand for investment services continue to reshape the region's financial sector. The bank said it will increase investment in digital wealth platforms, relationship managers and private bank

The revised deal reduces management fees and financing costs as both sides seek to strengthen one of the world's largest copper mining projects. Global mining giant Rio Tinto and the Government of Mongolia have agreed on new financial terms for the US$18 billion Oyu Tolgoi copper mine, one of the world's largest copper mining projects, in a move aimed at improving the project's long-term economic benefits for both parties. Under the revised agreement, Rio Tinto will reduce it

The European aircraft manufacturer is reportedly targeting a record year as production gains momentum despite ongoing supply chain challenges European aerospace giant Airbus is reportedly aiming to deliver more than 900 commercial aircraft in 2026, reflecting growing confidence after a strong first half of the year despite persistent supply chain constraints. The internal target exceeds the company's official full-year guidance of 870 aircraft, according to industry sources.

Crude prices edged higher after recovering from recent geopolitical volatility, with investors closely watching production levels and signs of stronger global fuel demand. Global oil prices moved higher on Tuesday as investors shifted their attention from easing geopolitical tensions in the Middle East to longer-term expectations surrounding global supply and energy demand. Market participants are now closely monitoring production trends and economic indicators that could inf

The world's largest contract chipmaker posted its strongest quarterly sales on record, driven by sustained demand for advanced semiconductors powering artificial intelligence applications. Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest contract chip manufacturer, has reported record quarterly revenue, underscoring the continued strength of global demand for artificial intelligence infrastructure and advanced semiconductor technologies. The company said its

Despite reporting its strongest quarterly profit in years, Samsung's shares fell as investors questioned whether the rapid growth in AI infrastructure spending can be sustained Samsung Electronics has reported its highest quarterly operating profit in years, highlighting the continued strength of the global artificial intelligence boom. However, despite the impressive financial performance, the company's shares declined sharply as investors expressed concern over the long-ter

Benchmark indices rose for a fifth consecutive session, supported by easing crude oil prices, improving monsoon conditions and renewed foreign investor confidence. Indian equity markets extended their recent rally on Tuesday, with benchmark indices posting gains for a fifth consecutive trading session as lower global crude oil prices, improving monsoon progress and sustained foreign investment boosted investor confidence. The BSE Sensex and the Nifty 50 both traded higher dur

The Prime Minister's three-nation tour aims to deepen strategic, economic and maritime cooperation with Indonesia, Australia and New Zealand as India expands its engagement in the Indo-Pacific. Prime Minister Narendra Modi received a ceremonial welcome in Jakarta on Tuesday as he began the first leg of a three-nation diplomatic tour that will also take him to Australia and New Zealand. The visit reflects India's continued efforts to strengthen strategic partnerships and expan

European leaders are calling for faster joint defence production and procurement to strengthen the continent's military readiness amid rising geopolitical tensions. European leaders have renewed calls for closer cooperation on defence manufacturing and military procurement as security concerns continue to reshape the continent's strategic priorities. The discussions come alongside the NATO Summit in Ankara, where allied nations are debating higher defence spending and long-te

The National Rally leader awaits a court decision that could determine whether she remains eligible to contest France's 2027 presidential election. France is awaiting a landmark court ruling that could significantly reshape the country's political landscape, as an appeals court prepares to decide the future of far-right leader Marine Le Pen and her eligibility to contest the 2027 presidential election. Le Pen appealed a lower court's ruling that convicted her of embezzling Eu

The Ukrainian president calls for stronger military support after one of the deadliest Russian attacks on Kyiv in recent months, ahead of key NATO discussions in Ankara. Ukrainian President Volodymyr Zelenskyy has called on NATO leaders to take what he described as "strong decisions"in support of Ukraine as alliance leaders gather in Ankara for the annual NATO summit. His appeal comes after a large-scale Russian missile and drone attack on Kyiv and surrounding regions killed

President Nicușor Dan must nominate a new prime minister after lawmakers rejected the proposed government, extending a political crisis with implications for economic reforms and EU funding. Romania has entered a new phase of political uncertainty after Parliament rejected the proposed government of Prime Minister-designate Adrian Vestea, leaving the country without a fully empowered administration and prolonging a political deadlock that has raised concerns over economic sta